DAILY SCRAP REPORT: Prices rise in new US, Baltic Sea cargo deals

Turkish deep-sea scrap import prices have increased sharply with improving demand from the country’s steel mills, sources said on Wednesday February 12.

A steel mill in the Izmir region has booked a US cargo, comprising 24,000 tonnes of HMS 1&2 (80:20) at $268 per tonne, 12,000 tonnes of shredded at $273 per tonne and 4,000 tonnes of bonus at $278 per tonne cfr. It was not clear whether this deal was agreed late on Tuesday or early on Wednesday.



Cem Turken

February 12, 2020

16:57 GMT